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Sunday, 19 June 2016

Rajan worked as a Congress agent since the BJP came to power:Subramanian Swamy

Rajya Sabha MP and BJP leader Subramanian Swamy on Sunday once again hit out at RBI Governor Raghuram Rajan saying he had sabotaged the Indian economy.

Subramanian Swamy, who ran a tirade against Rajan, also alleged that the central bank chief was trying to put all small and medium industries out of business.

"This only proves what I have always suspected, that Rajan worked as a Congress agent since the BJP came to power," Swamy said.

Swamy also took a jibe at the outgoing RBI Governor over his decision to not continue as the RBI chief for the second term, saying whatever "fig leaf" he wants for hiding the reality, the people should not grudge it and wish him good bye.

Swamy had recently written at least two letters to PM Narendra Modi saying that he should not allow Raghuram Rajan a second term as RBI governor.

53-year old Rajan, a former IMF chief economist with a reputation to have rightly called the 2008 global financial crisis, made public his decision against a second term as RBI governor after his currently three-year tenure ends on September 4, 2016.Rajan, the on-leave Professor of Finance at Chicago Booth School, said he would return to academia but would be ready to serve India again in future.